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What's the problem with dividing the credit proportionally by the amount paid? If you represent 1% of the tax base, you also represent 1% of the borrowing, rega

by ericd 16y ago

What's the problem with dividing the credit proportionally by the amount paid? If you represent 1% of the tax base, you also represent 1% of the borrowing, regardless of who that money ended up being spent on. I agree with the parent that it is deceptive to not include that figure. EDIT: Then again, it doesn't give a very accurate picture to those who are being subsidized heavily, so there are some downsides to that. If one could track the amount spent on each person from federal programs, that would be very interesting - how much your fellow citizens are subsidizing you might be pretty motivating or depressing, depending on how you look at it.

kevin_morrill 16y ago
Kudos to @DanielBMarkham for a very good point. @Ericd the most likely outcome--the one currently happening--is that most of this will be finances through inflation. So those who save the most will give up the most in lost buying power. And yes, closely behind that is the people who are taxes the most. For the most part these two go together, but I think this will catch a lot of the middle class off guard as they watch their 401ks become worth less. That will be a bitter pill.